U.S. Stock Market After-Hours Movements

Tesla fell 3.77% in after-hours trading. Based on recent key news:

1. On July 23, Tesla announced its second-quarter financial report, with earnings falling short of expectations, leading to a post-market decline in stock price. Tesla's operating profit was only $398 million, far below analysts' expectations of $1.39 billion, and the adjusted earnings per share were 33 cents, lower than the market expectation of 51 cents. Free cash flow recorded a negative $1.09 billion, although better than expected, still indicating weak cash flow. Source: Economic Information Agency

2. On July 23, Tesla CEO Elon Musk spoke during a conference call, failing to alleviate market concerns about the company's financial performance, and the stock price continued to decline. Source: Tesla conference call

3. On July 23, Tesla planned to raise up to $30 billion in debt financing to support its investment projects, increasing market concerns about the company's financial pressure. Source: Tesla CFO statement on intensified competition in the electric vehicle industry and increased macroeconomic uncertainty.

Stocks with High Trading Volume in the Industry

Toyota rose 0.57% in after-hours trading. Based on recent news:

1. On July 21, Toyota announced a $3.6 billion investment plan to expand its San Antonio plant in Texas, USA. This move will increase annual production capacity by approximately 150,000 vehicles and create over 2,000 new jobs, boosting market confidence in Toyota's future growth.

2. On July 21, Toyota President Akio Toyoda stated that the company would streamline the variety of components to enhance profitability and hopes to lower the breakeven production volume. This news indicates the company's proactive measures in cost control and profitability, boosting investor confidence.

3. On July 21, Toyota announced that its electric vehicle sales in the U.S. saw a significant increase last quarter, approximately three times that of the previous quarter, mainly due to the launch of the BZ Woodland and C-HR models. This demonstrates Toyota's strong performance in the electric vehicle market, further driving up stock prices. The electric vehicle market is performing strongly, enhancing investor confidence.

Rivian rose 0.35% in after-hours trading. Based on recent key news:

1. On July 21, Rivian launched the R2 model, directly competing with Tesla's Model Y. Rivian's R2 SUV is positioned in the mass market, with a price range of $45,000 to $60,000, targeting Tesla's core market. This move may increase profit margin pressure on Tesla. Source: CNBC

2. On July 20, Rivian raised $1.2 billion by selling 75 million shares to support its expansion plans. Rivian plans to expand its super factory in Georgia over the next few years and has postponed its goal of achieving positive EBITDA until 2027. Source: CNBC On July 21, Uber plans to invest up to $1.25 billion to collaborate with Rivian on developing a self-driving taxi project. This move could accelerate Rivian's commercial deployment in major cities worldwide. Source: CNBC The competition in the electric vehicle industry is intensifying, with significant capital inflows.

XPeng's stock rose 0.70% in after-hours trading. Based on recent key news:

1. On July 22, XPeng announced that its flying car R&D company, XPeng Huitian, was selected for the Civil Aviation Administration of China's list of compliant enterprises for airworthiness certification, enjoying multiple convenience policies to accelerate the commercialization process, driving up the stock price.

2. On July 21, XPeng launched the MONA L03 at a global press conference in Munich, Germany, marking the entry of Chinese new energy vehicle companies into the German market, enhancing international influence, and benefiting the stock price.

3. On July 22, China Merchants Securities International released a research report stating that it expects moderate improvement in domestic automobile demand in the second half of the year, focusing on XPeng Group, with the market optimistic about its future growth expectations, leading to a rise in stock price. The overseas expansion of new energy vehicle companies is accelerating, and the market is optimistic